Lower annuity rates may lead to more people taking money out of their pension flexibly – but the tax consequences should be borne in mind. Background Annuity ... Continue Reading
TW Ed points out that HMRC's best VAT guidance on service charges is to be found in its... employer guidance. As I have already mentioned, I find HMRC’s ... Continue Reading
There is guidance available to help you avoid becoming the victim of scammers pretending to be HMRC. Introduction Always be careful when approached by people claiming ... Continue Reading
TW Ed points out a quite bizarre bit of guidance on the new .GOV website Introduction I recently gave a chat on the 2016 Budget to roughly 40 accountants. ... Continue Reading
TWEd points out that the UN has suggested that the UK’s austerity policy is in breach of its Human Rights obligations. Introduction This is a tax website, ... Continue Reading
The Income Tax calculation is now so challenging that even the Chancellor appears confused, says TWed Introduction We often hear that tax is to be made simpler. ... Continue Reading
HMRC and DWP are jointly making available material on the New Enterprise Allowance (NEA) which provides money and support to people receiving certain benefits who ... Continue Reading
The Low Incomes Tax Reform Group (LITRG) welcomes the opportunity for everyone with an annuity to be put on an equal footing. Secondary annuities market Welcoming ... Continue Reading
Mistakes in your tax return could mean that you have extra tax to pay and might receive a penalty notice, but there are rules governing the treatment of genuine ... Continue Reading
The Low Incomes Tax Reform Group (LITRG) is urging people to claim back tax deducted from savings income in past years now that they have received their P60s. Background Up ... Continue Reading
